Strayer ECO 550 All Assignments
ECO 550 Assignment 1 Making Decisions Based on Demand and Forecasting
ECO 550 â Assignment #1
Assignment 1: Making Decisions Based on Demand and Forecasting
Dominoâs Pizza is considering entering the marketplace in your
community. Conduct research about the demographics of your community, for
example the population size and average income per household and other
independent variables, such as price of pizza and price of soda, for this
assignment. By conducting a demand analysis and forecast for pizza, you will be
able to make a decision whether Dominoâs should establish a presence in your
community.
1. Report the demographic and independent variables that are relevant to
complete a demand analysis providing a rationale for the selection of the
variables.
2. Using Excel or other calculation software, input the data you collected in
criterion one to calculate an estimated regression. Then, from the calculation
provided, interpret the coefficient of determination, indicating how it will
influence your decision to open the pizza business. Explain any additional
variables that may improve the coefficient of determination.
3. Test the statistical significance of the variables and the regression
equation, indicating how it will impact your decision to open the pizza
business.
4. Forecast the demand for pizza in your community for the next four (4) months
using the regression equation, including the assumptions that were used to
create the demand. Justify the assumptions made related to the forecast.
5. Based on the forecasting demand, determine whether Dominos should establish
a restaurant in your community. Provide a rationale and support for the
decision.
6. Cite at least two (2) different government sources for the demographic
information you collected.
ECO 550 Assignment 2 Operations Decision
Assignment 2 “Operations Decision”
Assume you have been hired as a managing consultant by a company to offer some
advice that will help it make a decision as to whether it should shut down
completely or continue its operations. It currently uses 100 workers to produce
6,000 units of output per month (working 20 days / month). The daily wage (per
worker) is $70, and the price of the firm’s output is $32. The cost of other
variable inputs is $2,000 per day. You are told that the firm’s fixed cost is
âhigh enoughâ so that the firm’s total costs exceed its total revenue. The
marginal cost of the last unit is $30. (Ch 7 & 8 to solve)
This assignment allows you to determine the specific details about this
fictitious company in order to conduct an environmental scan of this
company.
Write a three to four (4-5) page paper in which you:
Briefly describe the details of the fictitious business
that you created for this assignment. Assess the current environmental scan
factors that are relevant to the decision making process. Determine the factors
that will have the greatest impact on plant operations and managementâs
decision to continue or discontinue operations. Provide a rationale for your
determination. Evaluate the financial performance of the company using the
information provided in the scenario. Consider all the key drivers of
performance, such as company profit or loss for both the short term and long
term and how each factor influences managerial decisions. Be sure to show the
calculations that helped you reach your conclusions. Recommend how the
company can improve its profitability to deliver more value to its stakeholders.
Then, develop a brief plan to implement the recommendations. Assess the
circumstances in which the company should discontinue operations and how
management should react when confronted with these circumstances. Provide a
rationale with your response. Use at least (4) high-quality academic
resources in this assignment. Note: Wikipedia and other Websites do not qualify
as academic resources.
Your assignment must follow these formatting requirements:
Be typed, double-spaced, using Times New Roman font (size
12), with one-inch margins on all sides; citations and references must follow
APA or school-specific format. Check with your professor for any additional
instructions. Include a cover page containing the title of the assignment, the
studentâs name, the professorâs name, the course title, and the date. The cover
page and the reference page are not included in the required assignment page
length.
ECO 550
Assignment 3 Market Model Patterns of Change
Assignment 3 “Market Model Patterns of
Change”
Choose and research a specific business that is publicly traded where there has
been a pattern of change in a particular market model (monopoly, oligopoly,
etc.).
Write a five (5) page paper in which you:
Describe the business and explain the general pattern of
change of the particular market model indicating how this change is likely to
impact business operations. Hypothesize the basic short-run and long-run
behaviors of the model in the business you have chosen in a âmarket economy.â
Provide support for your assumptions and conclusions. Researching the company,
collect costs, revenue data, other data from the business or that you deem
relevant. Explain how you would modify the data in order to make it relevant to
decisions a manager must make. Explain the major factors that affect the
degree of competitiveness in your business. Use the data to develop at least
three (3) measures (e.g., productivity measures) to show how the industry is
evolving. Provide evidence supporting your rationale. Research two of the
businessâ closest competitors to determine the pricing strategy for each
business indicating how knowledge of this information may influence pricing
decisions in your business. Provide support for your rationale. Recommend
a pricing policy for the business you chose. Assess how your pricing policy
maximizes profits for the business. Provide support for your rationale. Use at
least Four(4) high-quality academic resources in this assignment. Note:
Wikipedia and other Websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size
12), with one-inch margins on all sides; citations and references must follow
APA or school-specific format. Check with your professor for any additional
instructions. Include a cover page containing the title of the assignment, the
studentâs name, the professorâs name, the course title, and the date. The cover
page and the reference page are not included in the required assignment page
length.
ECO 550
Assignment 4 Long-Term Investment Decisions
Assignment 4: Long-Term Investment Decisions
Assume that the industry you wrote about in Assignment 3
wants to expand and has to make some longterm capital budgeting decisions. Now
the industry is confronted with government regulations to oversee the
merger.
Write a four to five (4-5) page paper in which you:
1. Explain why government regulation is or is not needed,
citing the major reasons for government
involvement in a market economy. Provide support for your
explanation.
2. Justify the rationale for the intervention of
government in the market process in the U.S.
3. Assume that the companyâs is considering a merger. The
possible merger currently faces some
threats and that the industry decides on self-expansion
as an alternative strategy, describe the
additional complexities that would arise under this new
scenario of expansion via capital projects.
4. Analyze how the different forces will come together to
create a convergence between the
interests of stockholders and managers indicating the
most likely impact to profitability. Provide
support for your response.
5. Use at least three (3) high-quality academic resources
in this assignment. Note: Wikipedia and
other Websites do not qualify as academic resources.
Assume that the industry you wrote about in Assignment 3
wants to expand and has to make some longterm capital budgeting decisions. Now
the industry is confronted with government regulations to oversee the
merger.
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